MORGAN STANLEY (1MS.MI) Stock Fundamental Analysis
BIT:1MS - Euronext Milan - US6174464486 - Common Stock - Currency: EUR
Overall 1MS gets a fundamental rating of 3 out of 10. We evaluated 1MS against 109 industry peers in the Capital Markets industry. While 1MS is still in line with the averages on profitability rating, there are concerns on its financial health. 1MS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year 1MS was profitable.
In the past year 1MS has reported a negative cash flow from operations.
Each year in the past 5 years 1MS has been profitable.
In multiple years 1MS reported negative operating cash flow during the last 5 years.
1.2 Ratios
1MS's Return On Assets of 1.05% is in line compared to the rest of the industry. 1MS outperforms 52.63% of its industry peers.
1MS's Return On Equity of 12.82% is fine compared to the rest of the industry. 1MS outperforms 70.18% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.35%, 1MS is in line with its industry, outperforming 53.51% of the companies in the same industry.
1MS had an Average Return On Invested Capital over the past 3 years of 1.17%. This is significantly below the industry average of 8.40%.
The 3 year average ROIC (1.17%) for 1MS is below the current ROIC(1.35%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.05% | ||
| ROE | 12.82% | ||
| ROIC | 1.35% |
ROA(3y)0.89%
ROA(5y)0.97%
ROE(3y)10.46%
ROE(5y)11.1%
ROIC(3y)1.17%
ROIC(5y)1.28%
1.3 Margins
1MS has a Profit Margin (12.43%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of 1MS has declined.
With a decent Operating Margin value of 17.02%, 1MS is doing good in the industry, outperforming 63.16% of the companies in the same industry.
1MS's Operating Margin has declined in the last couple of years.
1MS has a Gross Margin of 54.40%. This is in the better half of the industry: 1MS outperforms 70.18% of its industry peers.
In the last couple of years the Gross Margin of 1MS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.02% | ||
| PM (TTM) | 12.43% | ||
| GM | 54.4% |
OM growth 3Y-20.12%
OM growth 5Y-4.82%
PM growth 3Y-20.6%
PM growth 5Y-5.48%
GM growth 3Y-16.51%
GM growth 5Y-5.78%
2. Health
2.1 Basic Checks
The number of shares outstanding for 1MS has been reduced compared to 1 year ago.
Compared to 5 years ago, 1MS has more shares outstanding
Compared to 1 year ago, 1MS has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -0.12, we must say that 1MS is in the distress zone and has some risk of bankruptcy.
1MS has a Altman-Z score (-0.12) which is comparable to the rest of the industry.
A Debt/Equity ratio of 7.22 is on the high side and indicates that 1MS has dependencies on debt financing.
1MS's Debt to Equity ratio of 7.22 is on the low side compared to the rest of the industry. 1MS is outperformed by 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.12 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.26 indicates that 1MS may have some problems paying its short term obligations.
1MS has a Current ratio (0.26) which is in line with its industry peers.
1MS has a Quick Ratio of 0.26. This is a bad value and indicates that 1MS is not financially healthy enough and could expect problems in meeting its short term obligations.
1MS has a Quick ratio of 0.26. This is comparable to the rest of the industry: 1MS outperforms 42.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
1MS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 51.33%, which is quite impressive.
The Earnings Per Share has been growing by 8.88% on average over the past years. This is quite good.
The Revenue has grown by 10.79% in the past year. This is quite good.
The Revenue has been growing by 14.79% on average over the past years. This is quite good.
EPS 1Y (TTM)51.33%
EPS 3Y-0.38%
EPS 5Y8.88%
EPS Q2Q%28.71%
Revenue 1Y (TTM)10.79%
Revenue growth 3Y20.63%
Revenue growth 5Y14.79%
Sales Q2Q%17.2%
3.2 Future
Based on estimates for the next years, 1MS will show a small growth in Earnings Per Share. The EPS will grow by 6.26% on average per year.
Based on estimates for the next years, 1MS will show a small growth in Revenue. The Revenue will grow by 3.10% on average per year.
EPS Next Y12.41%
EPS Next 2Y9.97%
EPS Next 3Y10.25%
EPS Next 5Y6.26%
Revenue Next Year9.06%
Revenue Next 2Y6.52%
Revenue Next 3Y5.46%
Revenue Next 5Y3.1%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 15.34 indicates a correct valuation of 1MS.
1MS's Price/Earnings ratio is a bit cheaper when compared to the industry. 1MS is cheaper than 68.42% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.45, 1MS is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 13.60, the valuation of 1MS can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 1MS indicates a somewhat cheap valuation: 1MS is cheaper than 73.68% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of 1MS to the average of the S&P500 Index (21.90), we can say 1MS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.34 | ||
| Fwd PE | 13.6 |
4.2 Price Multiples
1MS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. 1MS is cheaper than 73.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 18.56 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.24
PEG (5Y)1.73
EPS Next 2Y9.97%
EPS Next 3Y10.25%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.89%, 1MS has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.85, 1MS pays a bit more dividend than its industry peers.
1MS's Dividend Yield is comparable with the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.89% |
5.2 History
The dividend of 1MS is nicely growing with an annual growth rate of 18.94%!
Dividend Growth(5Y)18.94%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1MS pays out 45.71% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of 1MS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP45.71%
EPS Next 2Y9.97%
EPS Next 3Y10.25%
BIT:1MS (6/6/2025, 7:00:00 PM)
115.18
-1.36 (-1.17%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners62.19%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap184.79B
Analysts72.9
Price Target115.33 (0.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.89% |
Yearly Dividend3.35
Dividend Growth(5Y)18.94%
DP45.71%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.77%
Min EPS beat(2)14.48%
Max EPS beat(2)27.07%
EPS beat(4)4
Avg EPS beat(4)16.07%
Min EPS beat(4)7.49%
Max EPS beat(4)27.07%
EPS beat(8)7
Avg EPS beat(8)10.85%
EPS beat(12)9
Avg EPS beat(12)6.29%
EPS beat(16)13
Avg EPS beat(16)7.3%
Revenue beat(2)2
Avg Revenue beat(2)4.34%
Min Revenue beat(2)3.91%
Max Revenue beat(2)4.78%
Revenue beat(4)4
Avg Revenue beat(4)3.58%
Min Revenue beat(4)1.95%
Max Revenue beat(4)4.78%
Revenue beat(8)7
Avg Revenue beat(8)21.17%
Revenue beat(12)11
Avg Revenue beat(12)25.52%
Revenue beat(16)14
Avg Revenue beat(16)19.87%
PT rev (1m)3.06%
PT rev (3m)-11.61%
EPS NQ rev (1m)0.07%
EPS NQ rev (3m)-3.91%
EPS NY rev (1m)0.25%
EPS NY rev (3m)-0.51%
Revenue NQ rev (1m)0.2%
Revenue NQ rev (3m)-1.82%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.34 | ||
| Fwd PE | 13.6 | ||
| P/S | 1.9 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.96 | ||
| P/tB | 2.5 | ||
| EV/EBITDA | 18.56 |
EPS(TTM)7.51
EY6.52%
EPS(NY)8.47
Fwd EY7.35%
FCF(TTM)-16.67
FCFYN/A
OCF(TTM)-14.83
OCFYN/A
SpS60.55
BVpS58.72
TBVpS46.06
PEG (NY)1.24
PEG (5Y)1.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.05% | ||
| ROE | 12.82% | ||
| ROCE | 3.09% | ||
| ROIC | 1.35% | ||
| ROICexc | 1.48% | ||
| ROICexgc | 1.55% | ||
| OM | 17.02% | ||
| PM (TTM) | 12.43% | ||
| GM | 54.4% | ||
| FCFM | N/A |
ROA(3y)0.89%
ROA(5y)0.97%
ROE(3y)10.46%
ROE(5y)11.1%
ROIC(3y)1.17%
ROIC(5y)1.28%
ROICexc(3y)1.31%
ROICexc(5y)1.45%
ROICexgc(3y)1.39%
ROICexgc(5y)1.52%
ROCE(3y)2.71%
ROCE(5y)2.94%
ROICexcg growth 3Y-6.85%
ROICexcg growth 5Y1.53%
ROICexc growth 3Y-6.8%
ROICexc growth 5Y1.26%
OM growth 3Y-20.12%
OM growth 5Y-4.82%
PM growth 3Y-20.6%
PM growth 5Y-5.48%
GM growth 3Y-16.51%
GM growth 5Y-5.78%
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.22 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 32.42 | ||
| Cap/Depr | 66.5% | ||
| Cap/Sales | 3.05% | ||
| Interest Coverage | 0.4 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z | -0.12 |
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)74.75%
Cap/Depr(5y)63.46%
Cap/Sales(3y)3.81%
Cap/Sales(5y)3.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)51.33%
EPS 3Y-0.38%
EPS 5Y8.88%
EPS Q2Q%28.71%
EPS Next Y12.41%
EPS Next 2Y9.97%
EPS Next 3Y10.25%
EPS Next 5Y6.26%
Revenue 1Y (TTM)10.79%
Revenue growth 3Y20.63%
Revenue growth 5Y14.79%
Sales Q2Q%17.2%
Revenue Next Year9.06%
Revenue Next 2Y6.52%
Revenue Next 3Y5.46%
Revenue Next 5Y3.1%
EBIT growth 1Y43.88%
EBIT growth 3Y-3.64%
EBIT growth 5Y9.26%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-54.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-63.47%
OCF growth 3Y-65.77%
OCF growth 5Y-49.33%